OpenAI and Korea Development Bank join forces to enhance South Korea’s AI ecosystem

The influence of AI innovation is becoming increasingly evident in South Korea’s search engine landscape, where AI-driven technologies are transforming user interactions.

Physical Intelligence secured $400 million in funding, backed by Bezos and OpenAI, to advance its universal robot software initiative.

OpenAI and the Korea Development Bank (KDB) have partnered to support the growth of South Korea’s AI ecosystem. The collaboration aims to develop AI models specifically designed for the Korean language and enhance the country’s position in the global AI landscape.

KDB views AI as a critical driver of national competitiveness and will assist OpenAI in navigating the local market by acting as a coordinator for government affairs. The partnership reflects a shared vision to advance South Korea’s technological and economic future through AI innovation. That move also highlights South Korea’s commitment to becoming a leader in the AI industry, with OpenAI playing a key role in advancing these goals.

The growing impact of AI is also evident in South Korea’s search engine market, where AI-driven technologies are changing how users access information. Naver, the leading domestic search engine, has experienced a decline in market share, while global search engines like Google, which integrate AI features such as OpenAI’s ChatGPT, have seen growth.

Why does it matter?

That shift signifies a broader transformation in the digital landscape, as AI-enhanced search engines provide more personalised and summarised answers, moving away from traditional lists of information. The increasing adoption of AI in search engines underscores the growing influence of AI on various industries in South Korea.